DayMark Wealth Partners, LLC Increases Stake in Sherwin-Williams in Latest 13F Filing
DayMark Wealth Partners, LLC Increases Stake in Sherwin-Williams in Latest 13F Filing
In its most recent SEC 13F filing, DayMark Wealth Partners, LLC reported a significant increase in its position in Sherwin-Williams (NYSE: SHW), a leading company in the chemicals industry. The hedge fund added 194,100 shares to its portfolio, reflecting a notable 0.08% increase in its position.
Deep Dive into the Trade
As of the filing, DayMark Wealth Partners holds Sherwin-Williams shares valued at approximately $76.58 million, representing 3.3% of its overall portfolio. This move underscores the firm’s confidence in Sherwin-Williams’ growth prospects within the chemicals sector. The additional shares now account for 0.09% of Sherwin-Williams’ total outstanding shares, highlighting the institution’s growing influence in the company.
Why is DayMark Wealth Partners Adjusting Its Position in Sherwin-Williams?
Sherwin-Williams, a global leader in the production of paints and coatings, continues to be a key player in the chemicals industry. DayMark Wealth Partners’ increased stake could signal optimism about the company’s ability to capitalize on demand in the construction and renovation markets. Investors often monitor such moves as an indicator of institutional confidence in a stock’s performance.
How Much of Sherwin-Williams Does DayMark Wealth Partners Own?
Following this addition, DayMark Wealth Partners now owns 0.09% of Sherwin-Williams’ total outstanding shares. This positions the firm as a noteworthy shareholder, with its holdings valued at $76.58 million.
Portfolio Impact
Sherwin-Williams now constitutes 3.3% of DayMark Wealth Partners’ overall portfolio, making it a significant holding for the institution. This adjustment reflects a strategic focus on the chemicals sector, potentially diversifying the portfolio while capitalizing on Sherwin-Williams’ market position.
For more insights into DayMark Wealth Partners, LLC’s investment strategy and to explore its full real-time portfolio and historical 13F data, view DayMark Wealth Partners, LLC’s portfolio here.